EURCAD - Looking To Sell Pullbacks In The Short TermH4 - Bearish trend pattern.
Currently it looks like a correction is happening.
No opposite signs.
Until the strong resistance zone holds my short term view remains bearish here.
Eurcadbearish
EURCAD Bearish confirmationEurcad test the strong resistance the price will be drop sharp to pointed levels good luck
Short EurCad (Short Term)EurCad recently attend a peak of a bullish impulse, I believe it's now time to go for a short, at least not for too long.
The 1.35334 level looks very attainable before pulling back to become bullish again. While, if it goes below 1.34212, I will start watching out for a continuation of the bearish trend by looking for a short position.
NOTE:
This is not a financial advice but just what I am trading.
Enjoy the movement and good luck.
Bearish Continuation Trade EURCAD 4HBearish trend continuation confluence trade on the EURCAD 4H.
1. Overall bearish trend
2. 3x trendline touches
3. Retracement to the 50% level from the most recent swing (not closed above)
4. At previous structure swap zone
5. Entry on bearish pin bar (aggressive)
Entry: 1.35429
Stop loss: 1.36152
Take profit: 1.34001
Risk/Reward: 1/1.98
Outlook on EURCAD: Bearish play seenOn the H4 time frame, we are seeing a bearish order flow with the break of structure below the H4 low. On the M30 time frame, prices mitigated a key supply zone area where we saw a reversal and a pullback to test its resistance zone at 1.43272, in line with the 78.6% Fibonacci retracement could present an opportunity to play the drop. Stochastic is approaching resistance as well, where we could see a reversal, in line with our bearish bias.
9 June: EURCAD seeing a reversal hereHey everyone! Prices are testing resistance in line with 78.6% retracement and extension where we could see a reversal here. Overall direction for me on the bigger time frame is still bullish, playing the pullback here. What are your thoughts on EURCAD?
EURCAD 1H👋 Hello and welcome traders to another trade
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EURCAD AnalysisLast week the pair was pretty strong, and even broke some support levels, but seems the buying threshold has been met something like that , the buyers are lossing strength.
So this week i will be expecting a good bearish trend for this pair but also expect some pillbacks.
Have a profitable week traders
